The average rent for a 3 bedroom house in Colorado Springs, CO is $1,288.00. When you receive your requested free market assessment, compare the average rent to what a property manager expects your property to rent for before making your decision on which manager to hire.

Colorado Springs, CO Rental Market Overview

Surrounded by high plains and mountains in the southern part of the Centennial State and situated in the middle of Fountain Creek, Colorado Springs is a unique Western community.

The local economy is driven mostly by tourism and military bases. However, a number of high-tech companies have moved to Colorado Springs in the last decade, along with many other industries.

Colorado Springs is well-known for its distinct geological formations, including the Garden of the Gods, Pikes Peak and the Cave of the Winds, as well as its numerous parks and trails stretching through the mountains surrounding it on nearly every side.

Many Olympians come to the community to train for international competition, as the U.S. Olympic Training Center headquarters is located in Colorado Springs.

Those who live in The Springs reside near some of the state's top attractions, including Cheyenne Mountain State Park, where families often picnic and hike, and Royal Gorge Route Railroad, which operates alongside the famed waterway.

Many Property Management Firms Operating in Colorado Springs

Similar to the rise in apartment demand seen in many other major metros nationwide, Colorado Springs has experienced a substantial increase in the want for rental properties in recent years.

As this demand has jumped, so have rents. Property investors who purchase a residence in metro Colorado Springs will find they can take advantage of not only these low rents, but affordable prices for single-family properties throughout the area.

To accommodate the already-extensive number of property owners in The Springs, a number of property management firms have opened up, offering their services for affordable rates.

Colorado Springs Rental Market at a Glance

Average Rent, Q2 2011: $759

Median Rent, Q2 2011: $740

Rental Vacancy Rate, Q2 2011: 6.4 percent

Statistics courtesy of the Colorado Division of Housing

Finding Colorado Springs Property Management Companies

Locating the right property management company for you is vital to ensuring your business is run smoothly and efficiently.

Sign up with All Property Management to choose from Colorado Springs' top property management companies. Just type your zip code into our search engine and you'll discover a variety of management firms in Colorado Springs to receive free quotes from.

Does youth spring eternal throughout the neighborhoods of Colorado Springs? It's a question worth asking when you consider that the median age in the US is 37, but the median age in Colorado Springs is only 33. The math makes sense if you consider that El Paso County neighborhoods accommodate a dozen colleges, five military installations and the United States Olympic Training Center. Colorado Springs neighborhoods are diverse and affordable for most young couples and new families.

If you're one of the few who are young AND wealthy, the Briargate neighborhood near the Air Force Academy is one of the newest and most expensive neighborhoods in Colorado Springs. Buying into Briargate gives you easy accessibility to schools, shopping and I-25. Residents looking for affordable apartments and older homes will appreciate the charm and convenience of Old Colorado City. The neighborhood is built around the historic western buildings that made up Colorado Springs years before Colorado became a state. Fitness enthusiasts and active people who crave accessibility will find themselves at home in the downtown area of Colorado Springs. The streets here are typically less congested than other regions during peak commute times and you might find yourself keeping pace with some of the athletes training at the nearby Olympic Training Center. Other Colorado Springs neighborhoods include: